Readers may recall our interview with Toby Hoenisch, the CEO of OneBit, which uses near-field communication technology to utilize the MasterCard payment network with a cell phone application. A user with OneBit can pay anywhere the MasterCard swipe system is in use, using Bitcoin. For many, an application like this will change the conversation regarding Bitcoin. It will no longer be about whether or not a certain store accepts bitcoins because the app executes the payment in the local currency. The new alpha version of the application is currently being tested in the various districts that Hoenisch and his company […]

You may still think of the Winklevoss twins as those guys who claimed to have invented Facebook, but they've just taken a big step toward making their names in the digital currency business. The two have filed a New York trust application necessary f...

FMR LLC, which is the parent company of Fidelity Investments, has filed with the US Patent Office and Trademark Office to trademark "FIDELITYCOIN." Application number 86699431 concerns "financial services, namely, financial exchange services for virtual currency; electronic wallets; charitable services in the nature of virtual currency." The trademark application was not made known to CCN until the weekend, thus reaching anyone at Fidelity for comment proved difficult. However, in December 2013, Fidelity stopped allowing clients to invest in the Bitcoin Investment Trust and gave little indication as to why. Could this be representative of a new interest in cryptocurrency? CCN […]

Bitcoin price was sold off after a local wave high was made to a 4.618 Fib level just above $291. A price correction is now being traded below $290 and it could see retracement to $285. Technical analysis looks at significant levels in the chart, as well as potential paths of price during the coming weeks. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 05h56 UTC Bitstamp 1-Hour Chart From the analysis […]

Mike Tyson, the former undisputed heavyweight champion of the world, wants to get into the Bitcoin space, according to a Tweet he made Saturday. The tweet signaled that a “Mike Tyson Bitcoin ATM” would be coming by August. As the website says, “Mike Tyson’s fastest knockout in the ring was 30 seconds. The Mike Tyson Bitcoin ATM turns your cash into bitcoin in under 20 seconds.” Tyson is best known for his marquee fights in Las Vegas, where, at the D Hotel, a Genesis Coin Bitcoin ATM has been in service for months now. With nicknames like "The Baddest Man on […]